Is your writing hobby actually a business? And does it really matter? Absolutely! Especially if you want to save a bit of tax while you’re getting your business up and running.
So you’ve been earning a bit here and there with your self-published books or maybe bloggers have been paying you to write posts for them, but when you look at the money you’ve spent to publish those books or the tools you’ve paid for to run your freelance writing business, you realize you haven’t broken even, so you decide not to include your writing “business” on your taxes.Read More